Fairer finance could speed up net zero for Africa by a decade

(University College London) Levelling up access to finance so that poorer countries can afford the funds needed to switch to renewable energy could see regions like Africa reaching net zero emissions a decade earlier, according to a study led by UCL researchers. Access to finance (credit) is vital for the green energy transition needed to reduce global greenhouse gas emissions, as laid out in the Paris Agreement. But access to low-cost finance is uneven.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news